Junior – Quantitative Trader - Market Making, m/f/x

Job Description

• As a (Junior) Quantitative Trader, you will immerse yourself in the fast-paced environment of equity trading on Scalable Capital's market making desk.
• You will collaborate with seasoned traders and (quantitative) financial engineers, deepening your understanding of market dynamics, algorithmic trading strategies, and risk management.
• Become a market maker for equities, ETFs (equity and fixed income), and other ETPs, providing liquidity and facilitating efficient trading on the European Investor Exchange (EIX)
• Design, backtest and implement trading algorithms to enhance quoting and execution strategies, and adapt to changing market conditions, ensuring high code quality through version control and automated testing
• Analyze market data, large datasets, leveraging time-series databases for efficient research
• Leverage your programming skills to automate data processing, handle real-time data streams, and enhance data visualization
• Support the development and optimization of trading systems, enhancing efficiency, robustness, and scalable deployment
• Assist in optimizing treasury and liquidity management to ensure effective cash flow, funding strategies, and risk mitigation
• Understand and apply risk management practices and ensure regulatory compliance
• Work closely with quantitative engineers, developers, and seasoned traders

Qualifications

• It is advantageous if you have gained initial internship experience in finance or banking, ideally in investment banking or at a fintech company.
• You demonstrate proficiency in programming languages such as Python, C++, C#, Rust and SQL, and have experience using data analysis tools (such as Streamlit or Google Tesseract/OCR) and libraries (such as Pandas, NumPy, Scipy, Seaborn, scikit-learn).
• Additionally, you have practical experience with version control systems (e.g., Git/GitHub) and modern software engineering practices (CI/CD, Docker).
• It is advantageous if you not only have a strong interest in financial markets, trading, and investment strategies, but also practical experience.
• A solid understanding of market microstructure, limit order books, and trading protocols (such as FIX) is a strong plus.
• University degree, preferably in Finance, Mathematics, Statistics, Computer Science, or related
• Familiarity with time-series databases (e.g., InfluxDB, kdb+/q) and streaming technologies (e.g., Apache Kafka) is highly beneficial
• Proficiency in Microsoft Excel (or Google Sheets)
• Demonstrable interest in financial markets, trading, and investment strategies
• Ability to deliver under pressure with excellent analytical skills in a fast-paced environment
• A collaborative problem-solver with attention to detail, along with strong communication and teamwork skills
• Fluent in English

Additional Information

• Be part of one of the fastest-growing and most visible Fintech startups in Europe, creating innovative services that have a substantial impact on the lives of our customers
• Work with an international, diverse, inclusive, and ever-growing team that loves creating the best products for our clients
• Work from our centrally located offices in the heart of Munich or Berlin, nestled in lively neighborhoods filled with vibrant restaurants, cozy cafés, and a wide range of convenient amenities 
• Be productive with the latest hardware and tools
• Learn and grow by joining our in-house knowledge sharing or career development sessions and spending your individual Education Budget 
• Learn and experience German culture first hand by joining our free German language classes
• International relocation support is provided if required 
• Opportunity to work from abroad
• Benefit from an attractive compensation package and from the company pension scheme
• Monthly contribution of 50% for the ‘Deutschland Jobticket’
• Say goodbye to order commissions and say hello to your complimentary subscription of Scalable Capital's PRIME+ Broker
• Enjoy flexible and discounted sports activities with Urban Sports Club